May have to revise my voting strategy of many small votes per day. While the vote value remains more constant with the HF it seems my vote % keeps falling toward zero and doesn't replenish as fast. 🤷♂
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That's the opposite of this update, which led us to vote a lot, but now it takes a long time to recover.
It will take some time to adapt to these new parameters.
Oh wao. Is there anything else to do about it?
Only thing to do right now is adjust my voting strategy and keep an eye on my VP percentage.
Great
Greetings @oldmans ,
The experience is like being new to Hive once again....a newbie...
Exactly!
I feel I have to be more stingy with my voting because of this. Of course if the price went up and my HP was greater it would probably solve a lot of problems. :)
With time everything will be clearer.... I still don't understand how this new voting stuff work
Check out Godfish's reply in this snap. A pretty good breakdown of what is happening.
I've realized that too. We basically have 1,000% to spend each day with the new algorithm. I had to adjust my strategy a lot.
Yeah, I suppose I will have to dig into the new math of how curation works and adjust accordingly.
Put simply, your VP recharges in a flat rate of 20% per 24 hours. A 100% upvote always costs you 2% of the total VP (unlike up until the fork). That effectively means that you can distribute 10 full upvotes a day to keep your VP stabilized. Or one thousand 1% upvotes. Or any combination.
It was supposed to be more intuitive, but franky, I like the old model way better. And it felt more natural to me.
Thx for that info. The new model does seem a little confining for someone like me and the amount of HP I have. Leaving a .02 vote to avoid dust issues seems to limit the number of votes a day I will have available.
I agree the old way seems more natural for curating manually.
The dust threshold remains, but it feels higher due to the recent drop in price. I guess it would harm short content and replies in long term, at least until we get back to over 20 cents.
I suppose a higher price would cure a lot of ills. :)
I've noticed something strange about the vote value. On November 15th, before the fork, my vote value was 0.065. Today it's 0.052. However, the HIVE value is identical (on the 15th and today). I didn't remove it, and I even added HP. I don't understand.
Vote values are based on the 3.5 days median price of the price feed. Which currently is 0.106 HBD.
OK. Thank you for the clarification.
mine is falling too.
Definitely something to keep an eye on.
Honestly, I still don't quite understand the effectiveness of VP. The only thing I've noticed is that if we're not paying attention, VP can reach 0%.
I understand your point, friend. For you, it will take a few days until VP is close to 90%.
Yeah, I may have to change how I vote. I like the many smaller percentage votes that I do now. It keeps me engaged with more accounts. I may need to change though to fewer votes using a larger percentage. Time will tell I guess.
True, I hope time will help us understand better so we can manage the votes strategically.